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The student loan deduction phases out somewhere ~70k a year in income. A lot of first year engineering grads will never get to deduct a cent of student loan in
by davewritescode 10y ago
The student loan deduction phases out somewhere ~70k a year in income. A lot of first year engineering grads will never get to deduct a cent of student loan interest.
Also, getting rid of the mortgage deduction would be a major hardship on the middle class.